State Bank of Bikaner and Jaipur (SBBJ) is expecting a growth of around 15 percent in both deposits and advances in the current fiscal as it seeks to expand its branch network by about a tenth.
The bank transacted a total business of Rs 1,39,208 crore in the year-ended March 31, 2014. Deposits stood at Rs 73,875 crore, while advances were Rs 65,333 crore. SBBJ clocked a net profit of Rs 731.69 crore for fiscal 2013-14, while its NPAs were estimated at 4.18 per cent.
Moreover, the bank is planning to add about 115 branches this year to its existing network of 1,148 branches, of which, about 10 would be set up in South India.
